Press Releases

Some Montgomery Homeowners May Need to File a One-time State Homestead Application by May 1 So They Will Not Lose $692 County ‘Income Tax Offset Credit’

For Immediate Release: Tuesday, April 4, 2023

A recent Maryland law requires Montgomery County homeowners to have an application on file with the State for a “Homestead Tax Credit” to continue to receive a $692 County “Income Tax Offset Credit” (ITOC) on their annual property tax bills.